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Estimate the fraction of defective parts

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Reference no: EM131050651

Complex numbers should be in the form (a + bi) where "a" and "b" need to have explicitly stated values.

For example: {1+1i} is valid whereas {1+i} is not. {0+9i} is valid whereas {9i} is not.

The percent defective for parts produced by a manufacturing process is targeted at 4%. The process is monitored daily by taking samples of sizes n = 160 units. Suppose that today's sample contains 14 defectives.

How many units would have to be sampled to be 95% confident that you can estimate the fraction of defective parts within 2% (using the information from today's sample--that is using the result that )?

Reference no: EM131050651

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